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Jul 28, 2011
07/11
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raise the debt ceiling, raise the debt ceiling raise the debt ceiling, raise the debt ceiling >> good evening from new york. you would think that in the final week before we reach the deadline for raising the debt ceiling that we would by now be in the end game of what has become the difficult, sometimes nearly impossible negotiation to reach an agreement on raising the debt ceiling. and you would be wrong. we are not yet in the end game. we are still in the bluff stage of the negotiations. as it happens, the bluff stage, which began in full 18 days ago, has been the most public and active stage of the negotiations. bluffing by definition must be public and must be full of false activity. the president, by far the best bluffer of all the major players, got the bluffing going in earnest with his press conference on july 11th, by which time he had masterfully maneuvered the republicans into a stalemate of the negotiations, which then allowed the president to pretend that he was in favor of more deficit reduction than republican house speaker john boehner. since boehner had given up on r
raise the debt ceiling, raise the debt ceiling raise the debt ceiling, raise the debt ceiling >> good evening from new york. you would think that in the final week before we reach the deadline for raising the debt ceiling that we would by now be in the end game of what has become the difficult, sometimes nearly impossible negotiation to reach an agreement on raising the debt ceiling. and you would be wrong. we are not yet in the end game. we are still in the bluff stage of the...
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Jan 20, 2023
01/23
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when i was in the raise the debt ceiling business, everyone in congress understood what the debt ceiling was. everyone understood that it was a must pass bill, and that is why we usually waited to the very last minute to raise the debt ceiling because at that point no one would dare try to tamper with it, adding amendment to it, or in any way complicate raising the debt ceiling because everyone understood if we fail to raise the debt ceiling, it really would be the end of the world economically. it would strike a devastating blow to the world wide economy with crushing economic catastrophe in the united states. we were raising the debt ceiling then in a senate controlled by democrats, with house of representatives controlled by democrats, and a democratic president in the white house, bill clinton. that meant that the republicans did not help us, but they never dreamed of blocking an increase in the debt ceiling. bob dole, the republican leader of the senate would never dream of putting a 60 vote procedural roadblock in the way of the debt ceiling bill. until the first time that we raise
when i was in the raise the debt ceiling business, everyone in congress understood what the debt ceiling was. everyone understood that it was a must pass bill, and that is why we usually waited to the very last minute to raise the debt ceiling because at that point no one would dare try to tamper with it, adding amendment to it, or in any way complicate raising the debt ceiling because everyone understood if we fail to raise the debt ceiling, it really would be the end of the world...
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Jul 23, 2011
07/11
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with a debt ceiling increase. way back at that point, you told this audience you didn't see any way a debt ceiling to occur without a large and significant deficit reduction package being attached to it. what happened that changed the shape of things that the white house started moving toward what you described as the legislative reality? >> well, i remember very well a meeting we had in leader reid's office, leader reid, myself, and jack lew, they were saying, you know, they were going for a clean debt limit, and i told them with some intensity that it's not going to happen. just, you know, you got to come up here and talk to the members and find out what they are thinking and feeling and what their constituents are thinking and feeling and just extending the debt limit is not going to happen. >> senator, if this administration, as expressed to you in that kind of meeting, was interested in a clean debt ceiling increase with nothing else attached to it, how disappointed can the president really be tonight if that
with a debt ceiling increase. way back at that point, you told this audience you didn't see any way a debt ceiling to occur without a large and significant deficit reduction package being attached to it. what happened that changed the shape of things that the white house started moving toward what you described as the legislative reality? >> well, i remember very well a meeting we had in leader reid's office, leader reid, myself, and jack lew, they were saying, you know, they were going...
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Oct 8, 2013
10/13
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our debt ceiling is now 14.3 trillion dollars. it will need to be raised in the coming year. >> that guy didn't have to be particularly bright. he just had to know what the dealt ceiling is. it was a completely non-controversial invisible element of our government. the staff of the senate finance committee where we actually had to write debt ceiling increass s into law. john boehner cannot be allowed to pretend that the madness that he is allowing to run rampant is something that every president in modern history has had to contend with. >> every president in modern history has negotiated over a debt limit. debt limits have been used to force big policy changes. >> there is exactly one speaker in modern history who has seriously tried. by exactly one speaker of the house and that speaker of the house is not speaking the truth. here once begin. >> this is something routine. it has been done more than 40 times since ronald reagan is president. it has never before been used in the kind of ways that the republicans are talking about u
our debt ceiling is now 14.3 trillion dollars. it will need to be raised in the coming year. >> that guy didn't have to be particularly bright. he just had to know what the dealt ceiling is. it was a completely non-controversial invisible element of our government. the staff of the senate finance committee where we actually had to write debt ceiling increass s into law. john boehner cannot be allowed to pretend that the madness that he is allowing to run rampant is something that every...
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Jul 26, 2011
07/11
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we're in this mcconnell language of the debt ceiling disapproval, which is voting for a debt ceiling and pretending you haven't and thursday you would have at the earliest point the harry reid position coming to a vote, which means there will be a great weekend when the house and senate won't agree with each other. the markets really will be spooked this time. if the house and senate couldn't agree when they are both controlled by democrats, how are they going to resolve it next weekend by the time they have all debated and voted? that means this time next week will be ugly in the financial market. >> it all can come down to a one sentence bill. that's the funny thing. as complex as they have made it so far, if we get to august 1st and it is 10:00 p.m. and they have done nothing and the pressure starts to build on what they do know how to do and what most of them have already in their careers voted for many times, which is just that one sentence that says we're going to raise this number to this number. >> but if she cannot explain why she voted for bush's debt ceiling increase on th
we're in this mcconnell language of the debt ceiling disapproval, which is voting for a debt ceiling and pretending you haven't and thursday you would have at the earliest point the harry reid position coming to a vote, which means there will be a great weekend when the house and senate won't agree with each other. the markets really will be spooked this time. if the house and senate couldn't agree when they are both controlled by democrats, how are they going to resolve it next weekend by the...
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Jul 26, 2011
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the republican plan would require two votes on the debt ceiling. the first vote would raise the debt limit by roughly $1 trillion before august 2nd, followed by a second vote in 2012 during the election year. both votes would require spending cuts in excess of the amount that the debt ceiling increase would be raised. here's how the house republican leader eric cantor described their new plan at a news conference at the capitol. >> we put out our plan as to what it is we want, the cut, cap, and balance last week, this plan is not that. you know, the president said that he wants a higher taxes and he wants a vote through the election. this plan doesn't have that in it. so it is a situation where no side gets all that they want. >> under the house republicans latest proposal, they get multiple debt ceiling votes, pending cuts without revenue increases, and cuts to the entitlement programs like medicare that democrats want to protect. the head of the non-partisan center, bob greenstein, issued a scathing verdict on this new republican plan. house spea
the republican plan would require two votes on the debt ceiling. the first vote would raise the debt limit by roughly $1 trillion before august 2nd, followed by a second vote in 2012 during the election year. both votes would require spending cuts in excess of the amount that the debt ceiling increase would be raised. here's how the house republican leader eric cantor described their new plan at a news conference at the capitol. >> we put out our plan as to what it is we want, the cut,...
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Jul 26, 2011
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over the debt ceiling. you can have the last word on-line. and msnbc's coverage continues right now. >>> good evening from new york. the president is about to address the nation on the ongoing negotiations and stalemate over the debt ceiling increase that's being proposed in washington. president obama is expected to speak for about 10 to 15 minutes. he will surely seek to reassure the country, reassure financial markets that the debt ceiling must be raised and somehow will be raised by the august 2nd deadline. i will be joined by tea party freshman republican congressman joe walsh. president obama tonight will likely reiterate his position that he has taken in these negotiations. including thiz politically sensitive offer revealed last week to make changes to medicare and social security in, change for a republican compromise on an increase in government revenue. here now the president of the united states. >> good evening. tonight i want to talk about the debate we have been having in washington over the national debt. a debate that directl
over the debt ceiling. you can have the last word on-line. and msnbc's coverage continues right now. >>> good evening from new york. the president is about to address the nation on the ongoing negotiations and stalemate over the debt ceiling increase that's being proposed in washington. president obama is expected to speak for about 10 to 15 minutes. he will surely seek to reassure the country, reassure financial markets that the debt ceiling must be raised and somehow will be raised...
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Jul 30, 2011
07/11
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this debt ceiling battle is about the fact if we don't raise the debt ceiling, america will be unable to meet her financial obligations. joe walsh doesn't believe it will happen. at least not anywhere or on or near tuesday. >> we are so obsessed with august 2nd. i think what's important is that we get this right. the administration has been trying to scare folks into this notion of default. >> you're okay with a potential default on august 2nd? you would let that date pass? >> default is not an option. the administration knows more people in your profession should know that. we've got plenty of government revenues in the month of august to service our debt. default isn't even on the table. i'm not obsessed with august 2nd. truthfully. >> joe walsh is not so obsessed with august 2nd. earlier tonight he was one of 22 republicans who voted against the republican's own debt ceiling bill. part of the reason joe walsh might think nothing happens when you don't meet your financial obligations is when it comes to child support, it appears he hasn't met those obligations for quite some time. s
this debt ceiling battle is about the fact if we don't raise the debt ceiling, america will be unable to meet her financial obligations. joe walsh doesn't believe it will happen. at least not anywhere or on or near tuesday. >> we are so obsessed with august 2nd. i think what's important is that we get this right. the administration has been trying to scare folks into this notion of default. >> you're okay with a potential default on august 2nd? you would let that date pass? >>...
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Jan 14, 2013
01/13
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i just want to come back to the debt ceiling. you said you wouldn't in this on the debt ceiling, and you did. last year you said that you wouldn't extend any of the bush tax cuts for the wealthy, and you did. as you say now that you're not going to negotiates on the debt ceiling this year, why should house republicans take that seriously and say if we get to the one minute to midnight scenario that you're not going to back down? >> well, first of all, juliana, let's take the example of this year and the fiscal cliff. i didn't say that i would not have any conversations at all about extending the bush tax cuts. i just said we wouldn't extend them for the wealthy. we didn't. you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000, and we ended up being at $400,000, but the fact of the matter is millionaires and billionairres are paying significantly more in taxes just as i said. so for, you know, from the start, my concern was making sure that we had a tax code that was fair and it protected the
i just want to come back to the debt ceiling. you said you wouldn't in this on the debt ceiling, and you did. last year you said that you wouldn't extend any of the bush tax cuts for the wealthy, and you did. as you say now that you're not going to negotiates on the debt ceiling this year, why should house republicans take that seriously and say if we get to the one minute to midnight scenario that you're not going to back down? >> well, first of all, juliana, let's take the example of...
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Jul 30, 2011
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ceiling and reduce the deficit by adding in a two-stage increase in the debt ceiling with the second stage occurring, if and only if, congress passes a balanced budget amendment and sends it on to the states for the necessary approval from 3/4 of the state legislators for ratification. the united states senate now is voting on the boehner bill. there are already 51 votes recorded against it as it is proceeding at this very moment in the united states senate. joining me now, congressional correspondent for "time," jay newton-small, also "the washington post" columnist and msnbc contributor, ezra klein. thank you both for joining me. jay, what's going on here? this is moved to the senate quickly, we have just got kent conrad's report on what the procedures have been in the senate so far. where do we go from here? >> well, we really have to figure out a compromise. the clock is ticking, there's only about four days -- less than four days left, really, before we start defaulting on our debt, not only do reid and mcconnell, although, listening to kent conrad, it seems it's supposed to be
ceiling and reduce the deficit by adding in a two-stage increase in the debt ceiling with the second stage occurring, if and only if, congress passes a balanced budget amendment and sends it on to the states for the necessary approval from 3/4 of the state legislators for ratification. the united states senate now is voting on the boehner bill. there are already 51 votes recorded against it as it is proceeding at this very moment in the united states senate. joining me now, congressional...
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Jul 26, 2011
07/11
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we're in this mcconnell language of the debt ceiling disapproval, which is voting for a debt ceiling and pretending you haven't and thursday you would have at the earliest point the harry reid position coming to a vote, which means there will be a great weekend when the hout house and senate won't agree with each other. the markets really will be spooked this time. if the house and senate couldn't agree when they are both controlled by democrats, how are they going to resolve it next weekend by the time they have all debated and voted? that means this time next week will be ugly in the financial market. >> it all can come down to a one sentence bill. that's the funny thing. as complex as they have made it so far, if we get to august 1st and it is 10:00 p.m. and they have done nothing and the pressure starts to build on what they do know how to do and what most of them have already in their careers voted for many times, which is just that one sentence that says we're going to raise this number to this number. >> but if she cannot explain why she voted for bush's debt ceiling increase
we're in this mcconnell language of the debt ceiling disapproval, which is voting for a debt ceiling and pretending you haven't and thursday you would have at the earliest point the harry reid position coming to a vote, which means there will be a great weekend when the hout house and senate won't agree with each other. the markets really will be spooked this time. if the house and senate couldn't agree when they are both controlled by democrats, how are they going to resolve it next weekend by...
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Jul 22, 2011
07/11
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the debt ceiling. >> your issue is not the debt limit. >> texas is back on the debate over teaching evolution in public schools. >> and the heat index, manufactured by government. >> senate republicans still want their chance to vote on the latest symbolic vote. >> cut, cap, and balance. >> we haven't have won world war ii if we had had a cut, cap, and balance on the table then. >> every reasonable voice in america has warned us time is of the essence. we are running out of time. >> and the media has finally caught up with grover norquist, the most powerful man in republican politics. >> who made grover norquist king? >> the people have made this commitment not to raise taxes. >> if you raise tax rates, that is violating a tax pledge. >> 232 of the 240 have signed the no tax increase pledge. >> americans for tax reform would oppose any effort to weaken, reduce, or not continue the 2001-2003 bush tax cuts. >>> rumors swept the capital this morning that the president and speaker of the house were close t
the debt ceiling. >> your issue is not the debt limit. >> texas is back on the debate over teaching evolution in public schools. >> and the heat index, manufactured by government. >> senate republicans still want their chance to vote on the latest symbolic vote. >> cut, cap, and balance. >> we haven't have won world war ii if we had had a cut, cap, and balance on the table then. >> every reasonable voice in america has warned us time is of the essence....
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Oct 11, 2013
10/13
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of the debt ceiling and remove the ability for people to use the debt ceiling to take us hostage by using what mitch mcconnell proposed to get us out of the 2011 debt ceiling crisis and what he did and what's being called the mcconnell rule. he allowed the president to unilaterally raise the debt ceiling and congress can vote to disapprove. if the president wants the debt ceiling to be raised, he has to veto that measure and it could be overridden by two thirds of both houses. is there any sort of talk or discussion of some way of actually taking away this debt ceiling threat for the longer term? >> i think it's a possibility that could be in the cards in the larger budget discussion that you'd end up having between republicans and democrats trying to craft something after a temporarily debt ceiling increase, a temporary extension of the u.s. government. but krystal, i don't think we know how long the debt ceiling will be increased for. house republicans yesterday were talking about a six-week extension. but it could be longer than that. we just don't know any kind of the details ye
of the debt ceiling and remove the ability for people to use the debt ceiling to take us hostage by using what mitch mcconnell proposed to get us out of the 2011 debt ceiling crisis and what he did and what's being called the mcconnell rule. he allowed the president to unilaterally raise the debt ceiling and congress can vote to disapprove. if the president wants the debt ceiling to be raised, he has to veto that measure and it could be overridden by two thirds of both houses. is there any sort...
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Jul 26, 2011
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in the past, raising the debt ceiling was routine. since the 1950s, congress has always passed it, and every president has signed it. president reagan did it 18 times. george w. bush did it seven times, and we have to do it by next tuesday, august 2nd, or else we won't be able to pay all of our çbills. unfortunately, for the past several weeks, republican house members have essentially said that the only way they'll vote to prevent america's first-ever default is if the rest of us agree to their deep spending cuts-only approach. if that happens and we default, we would not have enough money to pay all of our bills, bills that include monthly social security checks, veterans benefits, and the government contracts we've signed with thousands of businesses. for the first time in history, our country's aaa credit rating would be downgraded, leaving investors around the world to wonder whether the united states is still a good bet. interest rates would skyrocket on credit cards, on mortgages, and on car loans, which amounts to a huge tax
in the past, raising the debt ceiling was routine. since the 1950s, congress has always passed it, and every president has signed it. president reagan did it 18 times. george w. bush did it seven times, and we have to do it by next tuesday, august 2nd, or else we won't be able to pay all of our çbills. unfortunately, for the past several weeks, republican house members have essentially said that the only way they'll vote to prevent america's first-ever default is if the rest of us agree to...
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Jul 27, 2011
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. >> by anyone in the debt ceiling debate, representative paul brown has)a bill to lower the debt ceiling and he now achieves the prize for stupidest idea of the year. just breast taking. >> it would require having money evaporate or just erase money we've already spent. >> it's the kind of thing that dumbfounds me beyond my ability to respond. can. >> what does the president do now? >> we're getting closer to the minute to the o'donnell plan. which is the reagan plan, the bush plan of best bushes, it be clinton plan, it is the one page bill, you've seen these, this is what a debt ceiling increase looks like, they're work on many hundred page bills to work on the debt ceiling. it's normally one page, one sentence section 3101, you change a number. that's it. we're getting to the point where as you get to the one minute to midnight mark here, that's all they're going to know how to do. that's all they're going to have time to do. so they're going to then the question is going to be what's the date on it? is it going to be a temporary increase in the debt ceil chg is president says he doesn
. >> by anyone in the debt ceiling debate, representative paul brown has)a bill to lower the debt ceiling and he now achieves the prize for stupidest idea of the year. just breast taking. >> it would require having money evaporate or just erase money we've already spent. >> it's the kind of thing that dumbfounds me beyond my ability to respond. can. >> what does the president do now? >> we're getting closer to the minute to the o'donnell plan. which is the reagan...
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Jul 20, 2011
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they would please not like to raise the debt ceiling. they would like to go into default, thank you very much. house republicans have been actively making that argument for weeks now that hitting the debt ceiling, oh, that won't hurt a bit, who cares? republican congressman mo brooks of alabama told the washington post this week that on the contrary, all credit rating should be improved by not raising the debt ceiling, which is like saying you're looking forward to how that sledge hammer is going to improve your dental work. another congressman says after a catastrophic default and financial crisis the government can just move some money around to fix things for awhile. "that wouldn't work for just a few days, that would work for a few years" adding it's an arrogant attitude to take. republican congressman tim wahlberg of michigan in agreement, he told the washington post it's time to "hold the line," but which he means we should default, just go for it. republican allen west of florida says president obama is fearmongering on the debt c
they would please not like to raise the debt ceiling. they would like to go into default, thank you very much. house republicans have been actively making that argument for weeks now that hitting the debt ceiling, oh, that won't hurt a bit, who cares? republican congressman mo brooks of alabama told the washington post this week that on the contrary, all credit rating should be improved by not raising the debt ceiling, which is like saying you're looking forward to how that sledge hammer is...
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Aug 1, 2011
08/11
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hold the debt ceiling hostage to get their way. couldn't the president have said at that moment way back in december of last year, no game plaining. no hostagetaking. no terrorizing this country. i'm not negotiating with you guy. could he have done it? you can't play it that way? >> chris, last december we did raise the issue of the debt limit and it was clear that there was not an ability to get it done last december. so it's not that there wasn't an attempt. and i think you and i worked together in the congress and it's not -- it was not yet a pressing issue for congress to deal with on either side. so i think that the question of dealing with it then versus now, i realize there's a lot of people going back and asking, but it wasn't there last december. and enormous amount of good, important work was done last december. let me speak to the piece you played at the beginning, because whathe president was saying, his disappointment, he was prepared right now to make serious cuts and compromises on entitlement reform and tax reform.
hold the debt ceiling hostage to get their way. couldn't the president have said at that moment way back in december of last year, no game plaining. no hostagetaking. no terrorizing this country. i'm not negotiating with you guy. could he have done it? you can't play it that way? >> chris, last december we did raise the issue of the debt limit and it was clear that there was not an ability to get it done last december. so it's not that there wasn't an attempt. and i think you and i worked...
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Jun 1, 2023
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he never allowed any gamesmanship over the debt ceiling, never. he cooperated with democratic presidents and republican presidents, democratic majority leaders in the senate, to make sure that they could get debt ceiling increases without even requiring a 60 vote threshold in the senate. that is unthinkable today, because the republicans in congress mostly behave like logan roy's spoiled children. >> you are not serious people. ♪ ♪ ♪ >> joe biden would love to have had that logan roy moment with republicans, democrats would love to have that moment. but joe biden can't do that. he can't walk out of the room like that. because republicans control the house of representatives. so, joe biden had to negotiate the debt ceiling agreement with the republican speaker of the house. >> going to support the legislation that is on the floor today. and i support it without hesitation, preservation, or trepidation. not because it's perfect, but in divided government, we of course cannot allow the perfect to be the enemy of good. and president biden did an
he never allowed any gamesmanship over the debt ceiling, never. he cooperated with democratic presidents and republican presidents, democratic majority leaders in the senate, to make sure that they could get debt ceiling increases without even requiring a 60 vote threshold in the senate. that is unthinkable today, because the republicans in congress mostly behave like logan roy's spoiled children. >> you are not serious people. ♪ ♪ ♪ >> joe biden would love to have had that...
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Oct 9, 2013
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. >> eyeing the debt ceiling. >> all about the debt ceiling. a all this talk about default. >> it's nonsense. >> demagoguery. false demagoguery. >> when i hear people trying to downplay the skon conventions of that. >> nonsense. >> a lot of demagoguery. >> irresponsible. >> alternatives are popping up. >> some discussion about my powers under the 14th amendment. that's going to make people nervous. >> very hard to get into sound bites. >> there is no clear way out of this. >> there are no magic bullets here. >> we are now on day eight of the government shutdown. >> day act of the government shutdown. >> our goal wasn't to shut down the government. i don't think we should default on our debt >> we have got to stop repeating this pattern. the american people are tired of it. lord knows i'm tired of it. >>> tonight senate majority leader harry reid introduce aid perfectly reasonable, one sentence bill that would raise the debt ceiling until the end of next year which is a perfectly reasonable time frame for a typical debt ceiling increase in the p
. >> eyeing the debt ceiling. >> all about the debt ceiling. a all this talk about default. >> it's nonsense. >> demagoguery. false demagoguery. >> when i hear people trying to downplay the skon conventions of that. >> nonsense. >> a lot of demagoguery. >> irresponsible. >> alternatives are popping up. >> some discussion about my powers under the 14th amendment. that's going to make people nervous. >> very hard to get into sound...
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Oct 3, 2013
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the debt ceiling falls in that category. but that doesn't mean there is not an opportunity to discuss what is causes the debt ceiling to go up. well, why do you have to increase the debt ceiling? the government is spending more money than it should, like a household that is spending more money than it should, sometime you are going to have to pay the piper for the actions. there is a reason to discuss the debt ceiling. >> thank you so much for joining me. >> thank you. >>> joining me, barney frank, senator, am i wrong in that that is absolutely the norm throughout the entire 20th and 21st century that nine years out of ten, probably, that has been the case about the federal government? >> well, a couple of things, first of all i think you make a very good friend. i sympathize with my friend, former senator greg. he is a responsible man, the last time we faced a crisis it was totally bipartisan. when the democrats were in control, it was 2008, george bush came to us, greg and i were two people that came across the divide to g
the debt ceiling falls in that category. but that doesn't mean there is not an opportunity to discuss what is causes the debt ceiling to go up. well, why do you have to increase the debt ceiling? the government is spending more money than it should, like a household that is spending more money than it should, sometime you are going to have to pay the piper for the actions. there is a reason to discuss the debt ceiling. >> thank you so much for joining me. >> thank you. >>>...
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Jul 27, 2011
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obviously you don't want debt ceiling another debt ceiling vote to be the penalty. what is the penalty if this commission on tax reform and entitlement reform doesn't get the other $1.2 trillion that everybody's asking for, might get up to $2 trillion, what penalty are you guys putting on the table? >> let me just say this, first our bill has over $2 trillion in cuts compared to $850 million in the boehner bill. our bill gets us much further along, so simply say we're not doing cuts is not true. >> but they're pretty small. >> in the first round, we get past 20123, which is what the markets have said we need to do. boehner's bill gets us up to december, our bill gets past december of 2012. and that's a huge, huge difference. because after 2012, things can change and maybe we won't have the gridlock that we'll almost inevitably have if we do this this december which is what speaker boehner is proposing. >> in six months, what is the -- everybody's looking for this trigger penalty, what everyone, i'm trying not to use congress speak here. >> just to reiterate, there d
obviously you don't want debt ceiling another debt ceiling vote to be the penalty. what is the penalty if this commission on tax reform and entitlement reform doesn't get the other $1.2 trillion that everybody's asking for, might get up to $2 trillion, what penalty are you guys putting on the table? >> let me just say this, first our bill has over $2 trillion in cuts compared to $850 million in the boehner bill. our bill gets us much further along, so simply say we're not doing cuts is...
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Oct 10, 2013
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well, they said republicans should pass a debt ceiling. also, freedom works banging the drum for a shutdown for months now, today, freedom work's ceo told the huffington post that yeah, we think they ought to pass the debt ceiling, at least get that part taken care of. the same ceo for freedom works a week ago said we will go past the deadline for the debt ceiling, and i don't think that was a bad thing. that was a week ago, with wall street getting freaked out a week later and politico freaked out about it, now he changes his tune and says yeah, we need to pass the debt ceiling. both the heritage action group, they're trying to save face saying the only reason we don't want to blow through the debt ceiling now is we don't want it to be a distraction on the focus of obama care, but at the same time they made that declaration today, paul ryan said the republicans need to keep up the fight for a bunch of stuff that does not center around obama care. paul ryan did not even mention obama care about what it is that the republicans need to keep
well, they said republicans should pass a debt ceiling. also, freedom works banging the drum for a shutdown for months now, today, freedom work's ceo told the huffington post that yeah, we think they ought to pass the debt ceiling, at least get that part taken care of. the same ceo for freedom works a week ago said we will go past the deadline for the debt ceiling, and i don't think that was a bad thing. that was a week ago, with wall street getting freaked out a week later and politico freaked...
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Sep 7, 2017
09/17
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why not do a daily debt ceiling? the most important lesson of the day for republicans was delivered by an unnamed house republican in politico. it doesn't help our leadership to try to hold us republicans together on anything when they know the president will chop them off at the knees. on anything. that means the entire republican legislative agenda is now in serious danger. democrats have the republicans and the president exactly where they want them now, and they can't believe it was this easy. chuck schumer may be the first minority leader in history to have his first offer to the president of an opposing party accepted without a word of negotiation. what do you think that's going to do to chuck schumer's next first offer? he's going to push trump even harder the next time he has a first offer to make in the oval office. he's going to ask for much more. that's what happens when you cave as easily and immediately and completely as donald trump did today in the negotiation that never was. chuck schumer and nancy pe
why not do a daily debt ceiling? the most important lesson of the day for republicans was delivered by an unnamed house republican in politico. it doesn't help our leadership to try to hold us republicans together on anything when they know the president will chop them off at the knees. on anything. that means the entire republican legislative agenda is now in serious danger. democrats have the republicans and the president exactly where they want them now, and they can't believe it was this...
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Sep 14, 2013
09/13
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public supporting the debt ceiling. no one understands what is really going on with the budget in washington. this is the single biggest issue. the single biggest issue, the president and congress are fighting over now, poised to do battle over and no one understands. so let's just take a moment to look at why we are where we are. all right? there are two deadlines coming up. the first is a deadline for the authority for the government to spend money when it runs out. that's known as the continuing resolution. it's a short-term budget extension that expires on september 30th. that as you will note from this calendar is just 17 days from now. if acr isn't passed, the government can't spend more money, it shuts down. a few weeks later between mid october and november 5th, the country hits a so-called debt ceiling. it's this stupid, artificial thing to allow the government to borrow more money to pay its bills. bills it has already incured. it's a different thing that the continuing resolution, but it's another deadline an
public supporting the debt ceiling. no one understands what is really going on with the budget in washington. this is the single biggest issue. the single biggest issue, the president and congress are fighting over now, poised to do battle over and no one understands. so let's just take a moment to look at why we are where we are. all right? there are two deadlines coming up. the first is a deadline for the authority for the government to spend money when it runs out. that's known as the...
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May 9, 2023
05/23
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. >> is this about the debt ceiling? >> yes, it's exactly what it's about. >> i'm sorry, i won't tell anybody. >> i think if the president is not watching tonight, they will play the laurence tribe tape for him in the morning before his meeting with kevin mccarthy. >> somebody i'm sure is watching in the white house right now -- somebody who works in the white house, hello, this is your note, this is your msnbc equivalent of a flashing red light, laurence tribe has something to say that you're gonna want to hear. it's coming right up. how is that? >> they're definitely gonna get it this time. that's for sure. thank you, rachel. >> thanks, lawrence. >> well, this weekend, in texas, once again, a messenger arrived from the secret filthy heart of america. those words were used 55 years ago to describe the man who shot and killed bobby kennedy. senator robert kennedy was that rare kind of presidential candidate in 1968, who was loved not just by millions of people who were eager to vote for him, but by some of the toughest n
. >> is this about the debt ceiling? >> yes, it's exactly what it's about. >> i'm sorry, i won't tell anybody. >> i think if the president is not watching tonight, they will play the laurence tribe tape for him in the morning before his meeting with kevin mccarthy. >> somebody i'm sure is watching in the white house right now -- somebody who works in the white house, hello, this is your note, this is your msnbc equivalent of a flashing red light, laurence tribe has...
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Oct 18, 2013
10/13
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okay, at least just the debt ceiling. joining us now is the ranking member of the house rules committee, congresswoman louise slaughter of new york. congresswoman slaughter, great to have you here tonight. >> oh, it's a pleasure. glad to see you, rachel. >> is there a way to change the rules in the house like they did in 1979 to make the whole debt ceiling debacle not happen again? >> you know, something really has to be done here. it's really become a tool of bla blackmail and extortion, to tell you the truth, a blunt instrument. it doesn't make any sense. and there's a section in the federal budget that's known as the appropriate level of the public debt. and once the debt -- the budgets are agreed on by both houses and ready to go, that figure goes in. that is the debt limit, in my view. we could use that, is whatever that budget says needs to be spent, for that year. you know, we do the budget a year ahead for the following year. that should be the debt limit. and when we vote for the budget, it should take care of it
okay, at least just the debt ceiling. joining us now is the ranking member of the house rules committee, congresswoman louise slaughter of new york. congresswoman slaughter, great to have you here tonight. >> oh, it's a pleasure. glad to see you, rachel. >> is there a way to change the rules in the house like they did in 1979 to make the whole debt ceiling debacle not happen again? >> you know, something really has to be done here. it's really become a tool of bla blackmail...
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Oct 9, 2013
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ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. maybe you've noticed. is there a lot of worry building up around a daily problem? well ladies, now there's big news in controlling your overactive bladder symptoms. thinking less about them with new oxytrol for women. it's a patch. the first and only over the counter treatment for overactive bladder. it's good to know how to put the control back in your go. new oxytrol for women. now over the counter in the feminine care aisle. visit oxytrolforwomen.com to learn more. >>> if congress refuses to raise what's called the death ceiling, america would not be able to meet all of our financial obligations for the first time in 225 years. and because it's called raising the debt ceiling, i think a lot of americans think it's raising our debt. it is not raising our debt. this does not add a dime
ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. maybe you've noticed. is there a lot of worry building up around a daily problem? well ladies, now there's big news in controlling your overactive bladder symptoms. thinking less about them with new oxytrol for women. it's a patch. the first and only...
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Oct 17, 2013
10/13
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that will indeed raise the debt ceiling. that vote comes on a day when the speaker of the house john boehner was in effect forced to declare his official surrender. the r
that will indeed raise the debt ceiling. that vote comes on a day when the speaker of the house john boehner was in effect forced to declare his official surrender. the r
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Aug 3, 2011
08/11
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we connect the deficit reduction to the debt ceiling. and if we have to do this each time we raise the debt ceiling, it's going to create such chaos in this country. we're the only industrialized nation in the planet with the debt ceiling. other nations realized that if you did the politicians would engage in historyonics to the point that they would beth to shut down government. i think it's unfortunate, because the next president is going to face the same thing, and then if a republican president should come to office, unfortunately, the democrats are going to say, well, you know, turnaround is fair play. that's how the tit for tat things become a part of the environment here in washington, d.c.. >> thanks for your time. >>> the super committee we've been talking about is going to have to decide on major reforms by thanksgiving. liberals want congress to stop acting like a bunch of turkeys. we're just one week away from the wisconsin recall elections. ed will be in madison. will you? stay tuned for those details. yes! ha ha! ♪ [ clic
we connect the deficit reduction to the debt ceiling. and if we have to do this each time we raise the debt ceiling, it's going to create such chaos in this country. we're the only industrialized nation in the planet with the debt ceiling. other nations realized that if you did the politicians would engage in historyonics to the point that they would beth to shut down government. i think it's unfortunate, because the next president is going to face the same thing, and then if a republican...
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Jul 20, 2011
07/11
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we have a debt ceiling crisis and debt crisis. we have to take both taken care of. >> with all due respect, you didn't answer. let me ask you another question. you got a letter today, a copy of a letter that another president sent in 1983. let me show that you letter in case you didn't have time to read your mail. it called on a raising of the debt ceiling. it is impossible, the letter said, to predict and awesome to contemplate what would happen, assistance and passing and ex techkts debt ceil. sincerely, ronald reagan. does the fact that ronald reagan, someone that i would think you respect and regard, appeal to the congress to deal with the debt ceiling in his time and raise the debt ceiling many times, does that give you at least cause it pause and think about what you're doing? >> we absolutely recognize the ramifications of the debt ceiling and default of america's status on its credit. i realize what president reagan was talking about. but the bottom line is, it is time to deal what is causing the crisis and that's the unde
we have a debt ceiling crisis and debt crisis. we have to take both taken care of. >> with all due respect, you didn't answer. let me ask you another question. you got a letter today, a copy of a letter that another president sent in 1983. let me show that you letter in case you didn't have time to read your mail. it called on a raising of the debt ceiling. it is impossible, the letter said, to predict and awesome to contemplate what would happen, assistance and passing and ex techkts...
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Jan 6, 2013
01/13
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the debt ceiling guarantees a crisis. it guarantees that the markets will all cave in on the republicans. and the republicans in the end will give up. >> let me get a break, ej, and we'll come back with you. i want to talk about the strategy, whether there's a government shutdown in the future, and what this fight means for the president's second term and his agenda, guns, immigration, other things. we'll take a quick break and we'll have more from our roundtable right after this. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. introducing a revolutionary new mascara. clump crusher...crusher. 200% more volume. zero clumps. new clump crusher from easy, breezy, beautiful covergirl. five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gav
the debt ceiling guarantees a crisis. it guarantees that the markets will all cave in on the republicans. and the republicans in the end will give up. >> let me get a break, ej, and we'll come back with you. i want to talk about the strategy, whether there's a government shutdown in the future, and what this fight means for the president's second term and his agenda, guns, immigration, other things. we'll take a quick break and we'll have more from our roundtable right after this. [ male...
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Jul 28, 2011
07/11
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brown isn't voting for boehner's debt ceiling plan, because he has his own bill to lower the debt ceiling.ç he thinks it's easy to reign in spending. >> when someone is overdescended and broke. they don't continue paying for expensive automobiles, they sell the expensive automobile and buy a cheaper one. they don't continue paying for country club dues, they drop out of the country club. >> paul brown is the perfect example of what i've been talking about for years. republicans are absolutely clueless about the middle class in this country. most americans don't have the option of downgrading. they don't have expensive automobiles. they're hanging on to their 8-year-old minivan, hoping it won't give out on them. and they don't belong to country clubs, very few people in this country do. and a lot of folks can't even head out to public courses because they're working two or three jobs just to put food on the table. if brown thinks it's so easy to cut back, he should introduce a bill to make the country clubber's contribute a little bit more. because working americans have already tightene
brown isn't voting for boehner's debt ceiling plan, because he has his own bill to lower the debt ceiling.ç he thinks it's easy to reign in spending. >> when someone is overdescended and broke. they don't continue paying for expensive automobiles, they sell the expensive automobile and buy a cheaper one. they don't continue paying for country club dues, they drop out of the country club. >> paul brown is the perfect example of what i've been talking about for years. republicans...
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Sep 27, 2013
09/13
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do not mess with the debt ceiling. but two years ago, regardless, in 2011, republicans in congress messed with the debt ceiling. they took us right to the brink of default, and even just getting to the brink was enough to not only get the u.s. government's credit rating downgraded for the first time in our history, it also took what had been relatively strong job growth and put a big four-month dent in it. and now two years later, we're doing it all over again. today, house republicans unveiled their big wish list for all the things that they want, in exchange for not sending the country into catastrophic default. the u.s. government is set to go into default on october 17th, three weeks from today. and republicans say that they will let that happen. they will crash our economy and likely crash the world economy, unless democrats agree to pretty much everything republicans have asked for over the last few years. they want to delay obama care for a year, they want to gut wall street reform, they want to approve the keys
do not mess with the debt ceiling. but two years ago, regardless, in 2011, republicans in congress messed with the debt ceiling. they took us right to the brink of default, and even just getting to the brink was enough to not only get the u.s. government's credit rating downgraded for the first time in our history, it also took what had been relatively strong job growth and put a big four-month dent in it. and now two years later, we're doing it all over again. today, house republicans unveiled...
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Jul 29, 2011
07/11
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we need to raise the debt ceiling. we need to remove the cloud that is hanging over our economy right now. and we need to reduce our deficit. so i couldn't really make out everything that mr. limbaugh was saying. but i do think that there is an opportunity here that once the boehner bill is either passed tonight in the house but dies in the senate, we can then move on toward finding a compromise, which is exactly what the american people want us to do. >> i couldn't make out exactly what rush was saying either, jay. i played it just so people could see this situation is driving people crazy, who can normally follow the general shape of what's going on. i think you've left rush completely confused as the whole process has. >> well, i was going to say, lawrence, it's a confusing process. and that's part of -- one of the reasons why we are so insistent that we cannot link the further raising of the debt ceiling to more spending cuts. just four, five, six months down the road, is because the circus we're witnessing now wou
we need to raise the debt ceiling. we need to remove the cloud that is hanging over our economy right now. and we need to reduce our deficit. so i couldn't really make out everything that mr. limbaugh was saying. but i do think that there is an opportunity here that once the boehner bill is either passed tonight in the house but dies in the senate, we can then move on toward finding a compromise, which is exactly what the american people want us to do. >> i couldn't make out exactly what...
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Jan 5, 2013
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and then say you don't want to raise the debt ceiling. you can't make those match. >> what's going on? you make a very good point. what's the ideology behind those folks? >> well, it is ideology, but also just -- essentially extortion. what they are trying to do, and been trying to do this, use the debt ceiling or basically black mail leverage they have to strip the social safety net in the country, to privatize social security, privatize medicaid, medica medicare. ith not about fiscal sanity. we can reach fiscal sanity. we have been working very well toward that. but this is all about ideology and philosophy. >> you called speaker boehner courageous for sending the fiscal cliff bill to the floor. you know speaker boehner saw republican defections in the speaker vote this week, he has favored heavy criticism from tea partiers and others. do you suspect similar courage from boehner in the weeks ahead? >> i think he wants to be krajuous. it's really horrible when an example of bipartisanship causes such consternation in one party. boehner w
and then say you don't want to raise the debt ceiling. you can't make those match. >> what's going on? you make a very good point. what's the ideology behind those folks? >> well, it is ideology, but also just -- essentially extortion. what they are trying to do, and been trying to do this, use the debt ceiling or basically black mail leverage they have to strip the social safety net in the country, to privatize social security, privatize medicaid, medica medicare. ith not about...
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May 28, 2023
05/23
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ignoring the debt ceiling. and put those securities out to a financial markets, and cross his fingers that there are people who want to buy those securities even knowing that they might be deemed illegal by the courts. that is a recipe for financial market chaos. >> i agree with you. big distinction between those two things, wendy, thank you so much for staying with us. rolling with us to this breaking news. alencia, that brings me to you. the person who is the democratic strategist, who has done this messaging. it might have been a short set of remarks, that the president offered, you and i know the amount of thought and debate that went into what it was, he was gonna walk out there and say to the american people, talk to me about the decision to keep it broad. to keep a clear, to talk about the process. and what happens from here on out. and then that note that he landed on, that really struck, we are not out to you. this idea that is their responsibility. the responsibility of the president, and of congress
ignoring the debt ceiling. and put those securities out to a financial markets, and cross his fingers that there are people who want to buy those securities even knowing that they might be deemed illegal by the courts. that is a recipe for financial market chaos. >> i agree with you. big distinction between those two things, wendy, thank you so much for staying with us. rolling with us to this breaking news. alencia, that brings me to you. the person who is the democratic strategist, who...
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Oct 9, 2013
10/13
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ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. evto earn degrees in mathan stand science.ut but more than half leave their programs. so we're missing out on 450,000 math and science graduates annually. but if we can help students prepare for these subjects we'll have a stronger workforce for our fastest-growing industries. let's invest in our future. join exxonmobil in advancing math and science education. let's solve this. she loves a lot of it's what you love about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all yo
ceiling, you think that's adding for debt. the president said that's not what it means. but the republicans everywhere are rejoicing that the debt ceiling is a confusing thing to understand. so we are going to make it u crystal clear coming up. evto earn degrees in mathan stand science.ut but more than half leave their programs. so we're missing out on 450,000 math and science graduates annually. but if we can help students prepare for these subjects we'll have a stronger workforce for our...
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Jul 26, 2011
07/11
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we're in this mcconnell language of the debt ceiling disapproval, which is voting for a debt ceiling and pretending you haven't and thursday you would have at the earliest point the harry reid position coming to a vote, which means there will be a great weekend when the house and senate won't agree with each other. the markets really will be spooked this time. if the house and senate couldn't agree when they are both controlled by democrats, how are they going to resolve it next weekend by the time they have all debated and voted? that means this time next week will be ugly in the financial market. >> it all can come down to a one sentence bill. that's the funny thing. as complex as they have made it so far, if we get to august 1st and it is 10:00 p.m. and they have done nothing and the pressure starts to build on what they do know how to do and what most of them have already in their careers voted for many times, which is just that one sentence that says we're going to raise this number to this number. >> but if she cannot explain why she voted for bush's debt ceiling increase on th
we're in this mcconnell language of the debt ceiling disapproval, which is voting for a debt ceiling and pretending you haven't and thursday you would have at the earliest point the harry reid position coming to a vote, which means there will be a great weekend when the house and senate won't agree with each other. the markets really will be spooked this time. if the house and senate couldn't agree when they are both controlled by democrats, how are they going to resolve it next weekend by the...
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Jan 10, 2013
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seven debt ceiling raises. white was just sort of -- everyone understood it would get raised and it was a time to remind people how big the debt was and nobody really took it seriously, press release. it was useful for that. once people started taking it seriously and said we are going to think about not paying the debt it bill absurd and it is -- it is absurd and it needs to be -- needs to go away or congress just needs to understand that that's the only use of it. a coin isn't going to solve that problem. looking at a darn corners of the constitution will not solve that problem. >> what is -- you know, the problem -- that -- republicans seem to have is it the leadership sort of knows that they really shun be playing politics of the debt ceiling. but the rank and file, they don't want any part of that. they want to play politics. >> this is the problem. this is my problem with people who are spending a lot of time, smart people. friends of ours who are spending a lot of time talking about the kooky ideas. you
seven debt ceiling raises. white was just sort of -- everyone understood it would get raised and it was a time to remind people how big the debt was and nobody really took it seriously, press release. it was useful for that. once people started taking it seriously and said we are going to think about not paying the debt it bill absurd and it is -- it is absurd and it needs to be -- needs to go away or congress just needs to understand that that's the only use of it. a coin isn't going to solve...
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May 24, 2023
05/23
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ceiling, and then ended up negotiating on the debt ceiling. i have been disappointed that joe biden did not boys and more potential support for using the 14th amendment and the presidential power implied in there to override the debt ceiling even of the congress does not pass and increasing the debt ceiling. but here's what i came up with this morning when i i assigned myself the task of thinking through the debt ceiling situation on the assumption that joe biden and steve ricchetti who was the presidents most experience negotiator on the debt ceiling know exactly what they are doing and they are doing it for good reason. so with that as my guy, i noticed that joe biden insisted for months that he was not going to negotiate on the debt ceiling, but he would be willing to engage in the normal budget negotiations with congress that he has to participate and every year. now, joe biden is engaged in a negotiation over the debt ceiling and a budget at the same time. and kevin mccarthy is calling that a victory, just a negotiation he's calling a vic
ceiling, and then ended up negotiating on the debt ceiling. i have been disappointed that joe biden did not boys and more potential support for using the 14th amendment and the presidential power implied in there to override the debt ceiling even of the congress does not pass and increasing the debt ceiling. but here's what i came up with this morning when i i assigned myself the task of thinking through the debt ceiling situation on the assumption that joe biden and steve ricchetti who was the...